Category Rectification Rectification 84 Questions Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans An amount of ₹ 5,000 debited as depreciation on furniture has not been posted to the Depreciation Account 1.14K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Correct the following errors in Hari’s Books: A credit sale of ₹ 132 to R. Krishan correctly entered in Sales Journal but posted to his account as ₹ 312 823 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Correct the following errors in Mohan Lal’s Book: A sum of ₹ 1,500 written off as depreciation on furniture has not been debited to the Depreciation Account 747 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Sales of ₹ 20,000 to Manoj were recorded as ₹ 2,000 in the Sales Book 958 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Correct the following errors in Mohan Lal’s Book: A payment of ₹ 5,000 for salaries (to Ram has been posted twice to the Salaries Account 1.01K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Goods purchased from Kunal for ₹ 8,000 and from Kapil of ₹ 9,000 recorded correctly in the Purcahses Book. However, ₹ 9,000 was posted to Kunal and ₹ 8,000 to Kapil 1.11K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Goods returned by Mohan of ₹ 1,500 not recorded in books 908 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans ₹ 25,000 paid as wages for the construction of office building debited to Salaries Account 682 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Credit sale of ₹ 850 to Kishan was posted to Krishan’s Account 916 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Credit sale of ₹ 570 to Mohoan was recorded as ₹ 750 | Pass the necessary Journal entries to rectify the following errors: 1.31K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors: Purchases Book was overcast by ₹ 500 578 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors The total of one page of the Sales Book was carried forward to the next page as ₹ 2,785 instead of ₹ 2,587 775 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The following errors are identified in the Books of Lakshay, Pass the necessary entries to rectify them 784 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors Returns Inward Book has been overcast by ₹ 500 1.05K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors discovered after the preparation of the Trial Balance | Sales Book of March was added short by ₹ 10,000 1.08K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans An accountant of a firm found that his Trial Balance was out (excess credit) by ₹ 742. He placed the amount in a Suspense Account and Subsequently found the following errors: 1.85K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The Trial Balance of Shri Ramdass did not agree and the difference in books was carried to a Suspense Account 2.04K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors found in the books of Bheem. Trial Balance had ₹ 930 excess credit. The difference has been posted to a Suspense Account: 1.70K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The accountant of a firm finds that the Trial Balance as on 31st March, 2023 is out by an excess debit of ₹ 283. He placed the amount in the Suspense Account 1.92K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans There was an error in the Trial Balance of Ram Gopal on 31st March, 2023 and the difference in books was carried to the Suspense Account 1.96K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rajesh drew a Trial Balance for the year ended 31st March, 2023, There was a difference which he closed through Suspense Account 2.18K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The Trial Balance of M/s Gupta & Sons shows a difference of ₹ 52,200. To prepare the Final Account on 31st March, 2003, this difference is placed in a Suspense Account. 1.24K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans There was a difference of ₹ 720 in the Trial Balance which has been transferred to the credit side of the Supense Account. Pass the rectifying entries and prepare a Suspense Account to rectify the following errors: 1.58K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans A Trial Balance disclosed a difference of ₹ 417 placed on the credit side of the Suspense Account. Later on the following errors were located: 1.54K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans There was a difference in the Trial Balance of M/s Jain & Sons, prepared for the year ended 31st March, 2009. The accountant put the difference in Suspense Account. 1.57K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 « Previous 1 2 3 4 Next » Question and answer is powered by anspress.net